Please advise your loan agent to include these recommended contents in your pre-approval letter: (Almost all bank owned property sellers require this before replying to your offer).

- Mortgage broker has reviewed current credit reports from 3 bureaus. Broker to state FICO score.

- Mortgage broker has reviewed buyer's Verification of Income (VOI), Verification of cash-to close (VOD)

- Buyer's Income, Assets, Debt-to-Income Ratio (DTI), and credit has been reviewed and is sufficient to obtain the required mortgage in accordance with the rate / term as defined on the purchase agreement.

- Buyer is approved for purchase price up to $________, a loan amount not to exceed _______% of the purchase price.

- The type of loan must be stated (i.e., FHA, VA, Conventional, etc.)

- Proof of Funds. Don't wait for the seller to require it. Send Proof of Funds with your offer. [Copy of checking/savings statement(s) and black out your account number]

Thanks,

Gordon